Coca-Cola Amatil loses its fizz

The share price of Coca-Cola Amatil has fallen 14% as management expects interim earnings before interest and tax (EBIT) to fall 15% due to lower demand and cost pressures in the Australian and Indonesian markets. This is the second time earnings have been revised downwards in the past six months (see Coca-Cola Amatil warns on 2013 profit on 6 Nov 13 (Sell – $12.15)), prompting a restructure of the business (details haven't been announced).Anyone who has been down the soft drink aisle at Coles or Woolworths recently may have noticed Coke seems to be perpetually on sale. This was reinforced by...

The share price of Coca-Cola Amatil has fallen 14% as management expects interim earnings before interest and tax (EBIT) to fall 15% due to lower demand and cost pressures in the Australian and Indonesian markets. This is the second time earnings have been revised downwards in the past six months (see Coca-Cola Amatil warns on 2013 profit on 6 Nov 13 (Sell – $12.15)), prompting a restructure of the business (details haven't been announced).

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